-- Published: Monday, 9 January 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1182.50 | +$9.50 |
Silver | $16.57 | +$0.09 |
XAU | 85.40 | +0.10% |
HUI | 197.55 | +0.50% |
GDM | 625.12 | +0.07% |
JSE Gold | 1403.62 | -26.45 |
USD | 101.98 | -0.21 |
Euro | 105.68 | +0.35 |
Yen | 86.14 | +0.68 |
Oil | $51.96 | -$2.03 |
10-Year | 2.376% | -0.042 |
T-Bond | 152.75 | +0.96875 |
Dow | 19887.38 | -0.38% |
Nasdaq | 5531.82 | +0.19% |
S&P | 2268.90 | -0.35% |
The Metals:
Gold gained $12.88 to $1185.88 in early afternoon New York trade before it drifted back lower into the close, but it still ended with a gain of 0.81%. Silver surged to as high as $16.69 and ended with a gain of 0.55%.
Euro gold rose to about €1119, platinum gained $9 to $975, and copper remained at about $2.54.
Gold and silver equities rose roughly 2% by late morning before they fell back off in afternoon trade, but they still ended with modest gains on the day.
The Economy:
Report | For | Reading | Expected | Previous |
Consumer Credit | Nov | $24.6B | $18.0B | $16.2B |
Tomorrow brings Wholesale Inventories.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil closed almost 4% lower on concerns over rising Iraqi exports and US output.
The U.S. dollar index fell and treasuries rose as the Dow and S&P dropped on interest rate uncertainty.
Among the big names making news in the market today were Alibaba, Bank of America, Toyota, Mars and VCA, Volkswagen, Fiat Chrysler, and McDonald's.
GATA Posts:
Lawrie Williams: Bullion dealers that colluded with U.S. in 1974 have changed ownership
Indians can own as much gold as they want, and it sure beats the rupee
Ed Steer's gold and silver letter posted in the clear at GoldSeek
First Majestic Silver CEO Neumeyer endorses class-action suits against market rigging
The Statistics:
As of close of business: 1/6/2017
Gold Warehouse Stocks: | 9,104,221.823 | -5,626.25 |
Silver Warehouse Stocks: | 180,684,928.631 | -429.61 |
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
| Product name | Total Tonnes | Total Ounces | Total Value |
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) AND Mexico Stock Exchange (BMV) | SPDR® Gold Shares | 813.591 | 26,157,754 | US$30,824m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$5,253m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$5,807m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$425m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 35.73 | 1,148,868 | US$1,391m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 198.30: +0.90 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,612.51: No change from yesterday’s data.
The Miners:
Gold Resource’s (GORO) acquisition of additional exploration mining claims, Kirkland’s (KL.TO) 2016 gold production, and Tahoe Resource’s (TAHO) exploration results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Northern Dynasty | NAK +6.25% $2.04 |
2. Vista Gold | VGZ +5.10% $1.03 |
3. Pretivm | PVG +4.17% $9.74 |
LOSERS
1. Tahoe Resource | TAHO -1.97% $9.45 |
2. Turquoise | TRQ -1.78% $3.31 |
3. Agnico Eagle | AEM -1.69% $44.13 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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-- Published: Monday, 9 January 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Almost 1% While Dow Drops With Dollar
